§ 42-11118 – Exemption for social welfare and quasi-governmental service property; qualifying activities
42-11118. Exemption for social welfare and quasi-governmental service property; qualifying activities A. Property that is owned by a volunteer nonprofit organization that is recognized under section 501(c)(4) of the internal revenue code and that is operated exclusively to promote social welfare and provide community quasi-governmental services in an unincorporated area of a county is exempt […]
§ 42-11104 – Exemption for educational and library property
42-11104. Exemption for educational and library property A. Libraries, colleges, school buildings and other buildings that are used for education, with their furniture, libraries and equipment and the land that is appurtenant to and used with them, are exempt from taxation if they are used for education and not used or held for profit. B. […]
§ 42-11105 – Exemption for health care property
42-11105. Exemption for health care property A. Hospitals for the relief of the indigent or afflicted, appurtenant land and their fixtures and equipment are exempt from taxation if they are not used or held for profit. B. Property that is used to operate a health care institution that provides medical, nursing or health related services […]
§ 42-11106 – Exemption for apartments for elderly residents or residents with disabilities
42-11106. Exemption for apartments for elderly residents or residents with disabilities Property that is used to operate a nonprofit residential apartment housing facility that is structured for persons with disabilities or persons who are sixty-two years of age or older is exempt from taxation if either of the following circumstances applies: 1. The property is […]
§ 42-11101 – Definitions
42-11101. Definitions In this article, unless the context otherwise requires: 1. " Afflicted" means persons who, because of a mental or physical condition, illness or condition of distress, adversity or harassment, or imminent risk of such condition, are unable to reasonably take care of themselves or their families or to properly function in society without […]
§ 42-11102 – Exemption for government property; application of procedural provisions
42-11102. Exemption for government property; application of procedural provisions A. Federal, state, county and municipal property is exempt from taxation, including: 1. Property that is owned by a nonprofit organization but is used by this state or a political subdivision during the entire tax year exclusively for a governmental activity. 2. Property that is the […]
§ 42-11103 – Exemption for government bonded indebtedness; application of procedural provisions
42-11103. Exemption for government bonded indebtedness; application of procedural provisions A. Public debts as evidenced by the bonds of this state, counties, municipalities and other political subdivisions are exempt from taxation. B. Article 4 of this chapter does not apply to the exemption from taxation for public debts that are evidenced by bonds.